Semiconductor High Purity Metal Sputtering Target Materials Market Insights, Forecast From 2024 to 2030 | Valuates Reports

Semiconductor High Purity Metal Sputtering Target Materials Market

Sputtering targets are typically solid slabs of various sizes and shapes. The target materials can be pure metals, alloys or compounds such as oxides or nitrides.
The global Semiconductor High Purity Metal Sputtering Target Materials market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.63% year-on-year.

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Report Scope
The Semiconductor High Purity Metal Sputtering Target Materials market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Semiconductor High Purity Metal Sputtering Target Materials market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Semiconductor High Purity Metal Sputtering Target Materials manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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Segment by Type
• Pure Metal Target
• Alloy Target

Segment by Application
• Consumer Electronics
• Automotive Electronics
• Communication Electronics

By Companies
Materion, JX Nippon, Praxair, Plansee, Hitachi Metals, Honeywell, TOSOH, Sumitomo Chemical, ULVAC, KFMI, GRIKIN, Acetron, Luvata, Linde

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